Loan Repayment Assistance Foundation

Organization Overview

Loan Repayment Assistance Foundation, operating under the name Ardeo Education Foundation, is located in Lisle, IL. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ardeo Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Ardeo Education Foundation generated $779.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $812.0k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO RECEIVE AND ADMINISTER FUNDS TO PROMOTE AND PROVIDE LOAN REPAYMENT ASSISTANCE PROGRAMS FOR STUDENTS, TO RAISE FUNDS FOR SUCH PROGRAMS AND ASSIST OTHER CHARITABLE ORGANIZATIONS IN THE CONDUCT OF SIMILAR ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION ENABLED THE ENROLLMENT OF STUDENTS INTO LOAN REPAYMENT ASSISTANCE PROGRAMS AT THE STUDENTS' CHOICE COLLEGE.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Christopher Paetsch
Secretary
$0
Brooke Jungk
Director & Treasurer
$0
Carroll Stevens
President, Director
$10,000
Kurt Gerrild
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$779,236
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $779,236

Peer Organizations

Organization NameAssets
National Equity Fund Inc
Chicago, IL
$58,767,848
Iowa Student Loan Liquidity Corp
West Des Moines, IA
$50,621,901
Evans Scholars Foundation
Glenview, IL
$82,055,985
National Merit Scholarship Corporation
Evanston, IL
$44,073,587
Future Leaders Of Americafoundation Inc
Chicago, IL
$29,963,469
Northwestern Mutual Life Foundation Inc
Milwaukee, WI
$7,119,188
Accenture Foundation Inc
Chicago, IL
$19,199,448
Waldorf Lutheran College Foundation Inc
Forest City, IA
$25,089,175
Ray And Kay Eckstein Charitable Trust
Paducah, KY
$14,667,434
Cardinal Services Inc Of Indiana
Warsaw, IN
$26,373,889
Great Jobs Kansas City
Kansas City, MO
$14,737,861
Professional Convention Management Association
Chicago, IL
$13,128,810
Des Moines Golf And Country Club
West Des Moines, IA
$16,008,393
Sigma Chi Foundation
Evanston, IL
$10,362,390
Real Clear Foundation
Northbrook, IL
$8,476,449
Scholarship Foundation Of St Louis
St Louis, MO
$7,587,422
Rsm Us Foundation
Davenport, IA
$11,436,513
AbbVie Employee Assistance Fund Inc
North Chicago, IL
$8,759,468
The Hagan Scholarship Foundation
Columbia, MO
$27,514,326
Alfred I Dupont Awards Foundation
Chicago, IL
$4,985,997
Western Illinois Regional Council Community Action Agency
Macomb, IL
$7,982,560
Cleveland Avenue Foundation For Education Group
Chicago, IL
$11,499,483
Rooted Alliance Inc
Chicago, IL
$408,383
Golden Valley Memorial Hospital Foundation Inc
Clinton, MO
$3,478,374
Catholic Education Foundation Inc
Louisville, KY
$8,348,400

Create an account to unlock the data you need.

or